Top news of December 26: Stock markets closed flat, ICC fines Virat Kohli, Azerbaijan plane crash, more | today news

Top News, December 26: From flat close of Sensex and Nifty 50 on Thursday to distorted Jammu and Kashmir map, Budget 2025, fine on Virat Kohli, Azerbaijan plane crash, Anna University rape, Indian economy to grow around 6.5% in FY 2025 and more.

Sensex, Nifty 50 closed at flat level

The Sensex opened at 78,557.28 against its previous close of 78,472.87 and touched an intraday high and low of 78,898.37 and 78,173.38, respectively. The 30-share pack finally closed at 78,472.48.

Nifty 50 opened at 23,775.80 against its previous close of 23,727.65 and touched its intraday high and low at 23,854.50 and 23,653.60 respectively. The index closed 23 points or 0.10 per cent higher at 23,750.20 on the day of expiry of December futures and options (F&O) contracts.

BSE Midcap index rose 0.11 per cent, outperforming benchmark Sensex. However, the BSE Smallcap index declined by 0.24 per cent.

budget 2025

India is considering cutting income tax for individuals earning up to 1.5 million rupees ($17,590) a year in the February budget to provide relief to the middle class and boost consumption, two government sources said. sources told Reuters.

The move could benefit millions of taxpayers, especially city dwellers burdened by higher living costs, if they opt for the 2020 tax system that eliminates exemptions like housing rental.

Indian economy to grow at around 6.5% in FY 2025

India’s economy is expected to grow at about 6.5% in fiscal year 2024/25, near the low end of its 6.5%-7% forecast, the government said on Thursday, as global uncertainties pose a serious threat .

According to the Finance Ministry’s monthly economic report for November, the growth outlook for October to December looks bright, with rural demand remaining resilient and urban demand rising in the first two months of the quarter.

azerbaijan plane crash

Several theories about the possible causes of the deadly Azerbaijan Airlines plane crash were discussed Thursday. At least 38 people died in a plane crash near the city of Aktau in Kazakhstan on Wednesday. Meanwhile, the Kazakh Ministry of Emergency Situations reported, “29 survivors, including three children, have been hospitalized.”

The Azerbaijan Airlines plane, carrying 62 passengers and five crew members, crashed after being forced to make an emergency landing about three kilometers from Aktau. The Embraer 190 plane was en route from Azerbaijan’s capital Baku to the Russian city of Grozny in the North Caucasus.

Israel-Gaza war

Nearly a year into the Israel-Gaza war, the Palestinian enclave’s health ministry said at least 45,399 Palestinians have been killed and 107,940 injured in Israel’s military offensive in the Gaza Strip since October 7, 2023. Reuters.

Additionally, the Health Ministry said on Thursday that 38 people had been killed in the Palestinian territories in the past 24 hours.

chennai anna university rape

The alleged sexual assault of a second-year engineering student on the campus of Anna University in Chennai on December 23 and the arrest of roadside biryani seller Gnanasekaran in the case have prompted the BJP and AIADMK to target Tamil Nadu’s ruling DMK. Indian Express.

According to the report, the opposition claimed that the accused belonged to Chief Minister MK Stalin’s party. DMK has denied this allegation.

‘Distorted’ map of Jammu and Kashmir

The two-day Congress Working Committee (CEC) session in Karnataka’s Belagavi is mired in ‘distorted’ map controversy, with the grand old party accusing the grand old party of using an ‘incorrect’ map of India in the posters of the mega event. have put. , Congress is in power in Karnataka.

In the map, a part of Jammu and Kashmir has been shown in Pakistan. BJP reacted strongly and accused Congress of doing appeasement politics.

Virat Kohli gets ICC approval

The International Cricket Council (ICC) has fined Virat Kohli 20 per cent of his match fee and one demerit point for breaching Level 1 of the ICC Code of Conduct following his shoulder collision with Sam Konstans on the first day of the match vs India. Has given. The global cricket body announced on Thursday that Australia will play the fourth Test at the Melbourne Cricket Ground (MCG).

After stumps on the first day, Kohli accepted the ban as no formal hearing was required.

OnePlus 13 series India launch

After raising the suspense for its flagship OnePlus 13 series, the company has finally confirmed that the two premium phones; OnePlus 1T and OnePlus 1T will debut in India soon. While the OnePlus 13 has already made its debut in China, the 13R will be launched in India first.